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Published on 8/19/2014 in the Prospect News Structured Products Daily.

New Issue: Credit Suisse prices $1.05 million Bares on Euro Stoxx 50, iShares MSCI EM

By Jennifer Chiou

New York, Aug. 19 – Credit Suisse AG, London Branch priced $1,045,000 of 0% Buffered Accelerated Return Equity Securities due Aug. 20, 2019 tied to the Euro Stoxx 50 index with a 70% weight and the iShares MSCI Emerging Markets exchange-traded fund with a 30% weight, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is flat or positive, the payout at maturity will be par plus 131.5% of the return.

If the basket falls by up to 20%, the payout will be par. Investors will share in any decline beyond the buffer.

Credit Suisse Securities (USA) LLC is the underwriter.

Issuer:Credit Suisse AG, London Branch
Issue:Buffered Accelerated Return Equity Securities
Underlyings:Euro Stoxx 50 and iShares MSCI Emerging Markets ETF
Amount:$1,045,000
Maturity:Aug. 20, 2019
Coupon:0%
Price:Par
Payout at maturity:If basket return is flat or positive, par plus 131.5% of the return; if basket falls by 20% or less, par; otherwise, exposure to decline beyond buffer
Initial levels:3,033.52 for index and $44.51 for fund
Buffer amount:20%
Pricing date:Aug. 15
Settlement date:Aug. 20
Underwriters:Credit Suisse Securities (USA) LLC
Fees:1%
Cusip:22547QRL2

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